We’re looking at a currency crises. In an effort to increase exports, countries are devaluing their currencies. Adjusted for inflation, gold should be selling for over $2,300 an ounce and could reach $5,000 an ounce.

Faber thinks the Chinese yuan, along with other Asian currencies, will continue to appreciate against the weakening US dollar. “We are in an Olympic game in the world to depreciate currencies,” he says.

The investor predicts emerging economies will have a larger share of world stock market capitalization, reaching 50% by 2020. He continues to advise responsible citizens to accumulate physical gold. “The US Fed, by keeping on monetizing, can force the others (central banks) to also monetize,” Faber says. He expects downside turbulence to occur in the stock markets in October/November.

David Miliband the favourite and leading candidate for the whole of the Labour leadership election campaign saw his victory go up in smoke as the big unions (Unite and GMB) piled in with David's left leaning brother Ed, as the union voters had been bolstered and pumped via anti-cuts propaganda earlier in the month at the TUC congress.

The results could not have been more dramatic as despite David Miliband winning on the first ballot, he failed to reach the 50% minimum to achieve an outright victory which led to a series of cliffhanger rounds with the each of the candidates with the least votes second voter preferences being allocated to the remaining candidates until one reached more than 50% of the total votes, and thus the nation watched on as Ed Miliband round after round whittled David's lead away into the final round to just pip him to the post by 50.65% against 49.35% for David Miliband.

The "deathbed confession" audio tape in which former CIA agent and Watergate conspirator E. Howard Hunt admits he was approached to be part of a CIA assassination team to kill JFK was aired this weekend - an astounding development that has gone completely ignored by the establishment media.

United States is now the largest debtor nation , not in the world , in the history of the world...no country has ever run up so much debt as we have in the US , this is not just a problem for our children and grand children judge , this is a problem for you for me and our parents , you know this is a problem that is hitting all of us in the face right now , those guys in Washington just worry about the next election , they worry to make sure they'll stick around , they do not care about you , they do not care about me , they care about getting their next pay check and not whether the country survives....etc...

Max Keiser on the Monetary Warfare Between the Bankrupt States of America12th September 2010 - 26 minutes

This week Max Keiser and co-host Stacy Herbert look at the scandals of no fiscal or monetary bullets left in the bankrupt warfare states of America. In the second half of the show, Max talks to Huffington Post blogger Mike Jensen, in Chicago, about his call for Americans to unite against the emergency in their nation.

Peter Schiff Says U.S. is Powerless to Prevent Runaway Inflation, Silver to Soar to $10012th September 2010 - 10 minutes

Peter Schiff forecasts that Silver could reach $100 following a collapse of the U.S. Dollar as he says “The United States right now is completely powerless to prevent runaway inflation”, as the U.S. continues with policies of more economic stimulus and bigger deficits.

“I think growth is real around the world and I think inflation, unfortunately, is very real. Central banks are much too easy. They’re printing much too much money. Prices for commodities like oil are going to rise.”

This week Max Keiser and co-host Stacy Herbert look at Tier Terra and future crimes. In the second half of the show, Max talks to former banking regulator William K. Black about rackets and fraud in the financial sector.

"Investors should've listened to me already six months ago, when I wrote that the Fed will continue to monetize, and this is my view ... they will print and print and print, until the final crisis wipes out the entire system," Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, told CNBC. David Bloom from HSBC joined the discussion, adding, "I think we're not quite at those draconian points."

Gerald Celente American People Have Been Cheated and Betrayed7th August 2010 - 7 minutes

Gerald Celente – president of the Trends Research Institute and editor of Trends Research Journal – and LRC podcast guest – is interviewed on Russian TV, which tends to be freer than US TV. He discusses the economic collapse and social unrest ahead, and why we can not trust the ruling class or their universities. Americans are rightly angry at the oligarchs of Wall Street and the big banks. They feel cheated, and they have been cheated. They feel betrayed, and they have been betrayed.

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